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This is in support of the governement program of transformation from the Soviet-type economy, to the free market economy in Czechoslovakia after the fall of Communism. The basic lines of the government program, that was outlined by Vaclav Klaus, are defended against the leftis criticism that...
Persistent link: https://www.econbiz.de/10005407657
No abstract.
Persistent link: https://www.econbiz.de/10010818317
No abstract.
Persistent link: https://www.econbiz.de/10010818322
No abstract.
Persistent link: https://www.econbiz.de/10010818335
To assess alternative forms of ownership of firms and allocation of capital, the standard incentive argument is complemented and qualified by an argument considering competence. Regarding capital as a currency conveying decision authority for organizing production, this argument recognizes that...
Persistent link: https://www.econbiz.de/10010866628
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It is noted that modern economics cannot decide which economic system is the best way of organizing production. In particular, support is given to Nelson (1981) who claims that modern economics does not provide any substantial argument in favor of private enterprise being the best. However,...
Persistent link: https://www.econbiz.de/10011019059
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Persistent link: https://www.econbiz.de/10005573128
This paper agrees that a suitably generalized Darwinism may help understand socioeconomic change, but finds the most publicized generalization by Hodgson and Knudsen unsuitable. To do better, it generalizes the extension of Neo-Darwinism into evolutionary developmental biology ("evo-devo"),...
Persistent link: https://www.econbiz.de/10005765301